British mining company Ferrexpo Plc with main assets in Ukraine after the payment of the interim dividend as of September 16, 2015 had total cash balance of approximately $280 million, and of this cash balance, approximately $174 million was held at Bank Finance and Credit belonged to its majority shareholder.

The National Bank of Ukraine (NBU) on September 17 placed the bank to the category of insolvent banks.

The group's operations are not currently affected by the NBU's decision.

The company said that with the remainder of cash is held outside the Ukrainian banking system.

According to a company report for H1 2015, as of July 1, 2015 it had $165.38 million on accounts at Bank Finance and Credit compared to $161.47 million as of January 1, 2015 and $155.42 million as of July 1, 2014.

Zhevaho holds 50.3% of shares in Ferrexpo via Fevamotinico S.a.r.l.

Bank Finance and Credit was founded in 1990. The ultimate beneficiary of the bank is Ukrainian businessman and MP Zhevaho.

Bank Finance and Credit ranked 10th among 127 operating banks in the country as of July 1, 2015, in terms of total assets worth UAH 38.882, according to the National Bank of Ukraine. Its liabilities to individuals as of July 1, 2015 totaled UAH 16.98 billion, including UAH 11.61 billion pegged to foreign currency.